401(k) · DOL Form 5500 · 2022
The Bank of New York Mellon Corporation 401(k) Plan
Data updated 2026-08-06
- $7.8B
- Total assets
- 25,071
- Participants
- 100th
- Percentile by assets
- $312,040
- Avg per participant
Official DOL plan name: The Bank of New York Mellon Corporation 401(k) Savings Plan · Sponsored by The Bank of New York Mellon Corporation · Pennsylvania · Finance & Insurance
$7.8B in assets, 25,071 participants
The Bank of New York Mellon Corporation's The Bank of New York Mellon Corporation 401(k) Savings Plan reported $7.8B in total assets and 25,071 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 139,258 plans)
- #9,243 in Finance & Insurance (9,267 peers)
Coverage in Pennsylvania
The Bank of New York Mellon Corporation 401(k) Savings Plan covers 25,071 participants in Pennsylvania, 30x the typical Pennsylvania plan (state average ~824 per filing). Assets: $7.8B.
- $7.8B
- total plan assets (2022 EOY)
- 25,071
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $312,040
- avg assets per participant
The plan reported a net loss of $1.6B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. The Bank of New York Mellon Corporation 401(k) Savings Plan reports 25,071 participants - 30x that state average ($7.8B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $9.4B |
|---|---|
| Net Assets (End of Year) | $7.8B |
| Net Income | -$1.6B |
| Employer EIN | 132614959 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Bank of New York Mellon Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 27,803 | $8.0B |
| 2023 | 2 | 27,681 | $9.1B |
| 2024 | 2 | 26,620 | $10.2B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Bank of New York Mellon Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- Gsk 401(k) Plan $7.0B · 14,527
Scale composition for The Bank of New York Mellon Corporation 401(k) Savings Plan
The Bank of New York Mellon Corporation 401(k) Savings Plan reports $7.8B in end-of-year assets across 25,071 participants (0.067% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.028% of 89,805,449 covered participants) - about $312,040 per participant (2.3x the national average assets-per-participant) . Net income for plan year 2022 was -$1.6B.
This plan identity (EIN 132614959, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.8B to $9.9B (+26.7%) while covered participants moved from 25,071 to 24,183 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,071 | $7.8B | This page |
| 2023 | 25,184 | $9.0B | Open filing |
| 2024 · index core | 24,183 | $9.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Bank of New York Mellon Corporation 401(k) Savings Plan (401(k), $9.9B, 24,183 participants)
- Employee Stock Ownership Plan of the Bank of New York Company, Inc. (ESOP, $244M, 2,437 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Bank of New York Mellon Corporation 401(k) Savings Plan by total assets, not by location.
- The Southern Company Employee Savings Plan (GA) $7.8B · 27,061
- The Cargill Partnership Plan (MN) $7.7B · 27,564
- Southwest Airlines Co. 401(k) Plan (TX) $8.0B · 50,590
- McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan (NY) $8.0B · 14,349
Frequently Asked Questions
How did The Bank of New York Mellon Corporation 401(k) Savings Plan assets move in 2022? ▼
How have The Bank of New York Mellon Corporation plan assets changed over time? ▼
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Filing takeaways
Ways to act on The Bank of New York Mellon Corporation 401(k) Savings Plan's numbers.
- By total assets, The Bank of New York Mellon Corporation 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- The Bank of New York Mellon Corporation's sponsor-wide assets have grown 27.0% since 2022 across 3 plan years on file. More Finance & Insurance plans